1940 SE 24th Ter

Homestead, FL 33035

$250,000

$175/ft²

2Beds

2.5Baths

1,431Sq ft

2005Year built

CondoType

About this home

Remodeled 2BD 2.5BA condo in the highly desirable Arbor Park community within Keys Gate Golf and Tennis Country Club, offering easy low maintenance living in a gated, friendly neighborhood with lush green views. Updated kitchen with quartz countertops, 2 year old appliances, and a spacious pantry. Tile throughout home, recessed lighting, and abundant natural light. Primary suite features dual sinks, a stand alone tub and shower, and custom closet built ins. Second bedroom is a junior suite with its own bathroom and a private balcony overlooking the garden. Includes 1 car garage plus 2 driveway spaces, separate laundry room, private fenced patio, covered front porch, and AC coils approximately 1 year old. Located directly in front of the community pool and playground just a one minute walk, making it ideal for families and everyday convenience. HOA is $690 per month and includes roof coverage, exterior insurance plus cable and internet, which are usually separate monthly bills. It also includes 24 hour gated security, a resort style pool, playground, tennis courts, and full common area maintenance. Minutes from A rated public and charter schools, BJ’s, Target, Homestead Baptist Hospital, and just 30 minutes from the Florida Keys. FHA and Conventional welcome buy with as little as 3% down. Buyer may qualify for down payment assistance up to $14,550.

Property details

Listing

MLS #: A11955408
Status: For sale
Listed on: Jan 29, 2026
Days on market: 193 days
Listing data updated: Jul 10, 2026

Interior

Beds: 2
Baths: 2.5
Living area: 1,431 ft²
Price per ft²: $175/ft²

Building & community

Type: Condo
Year built: 2005
HOA fee: $300/mo
County: Miami-Dade

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,264
Property taxes (est.): $229
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $300

Estimated total$2,026*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?